WILLEMS CONSTRUCT
ActiveSummary
WILLEMS CONSTRUCT has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €1.3m. Equity has been growing by about 17% per year since 2018. Its solvency ranks better than 89% of 1,240 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-06-1996 Normal situation
- Activity
- Manufacture of metal structures and parts of structures NACE 25110and 2 others
- Joint committees
- 209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid
- 111 Paritair Comité voor de metaal-, machine- en elektrische bouw · annual accounts 2024
- Establishment unit
- 2.082.400.750 1785 Merchtem, since 30-06-1997
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- -€26,526
- Profit
- €1.3m
- Equity
- €2.2m
- ▲ 145%
- Total assets
- €2.6m
- ▲ 107%
- 2025 accounts filed 31 days after the deadline
Turnover not published (abbreviated format)
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 5.11, cash €1.5mEquity €2.2m (85.7% of total assets)Founded in 1996Show the evidence
Checked score
Score 2025
97
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 78% of small companies in fabricated metal products (NACE 25)
Financial strength · tick: 2024
Strong
Solvency
100+2
equity 85.7% of total assets
Liquidity
98+34
short-term debt 13.9% · cash 60.1%
Profitability
50-13
return on assets 50.7%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.2%▲ +0.1 percentage points vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026highest value
09-2026: < 0.1%▼ -0.3 percentage points vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €210,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.11 (3.57 in 2024), above the usual 1.5. Short-term debt is 13.9% and cash 60.1% of total assets. 14.3% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, small). It does better than 94% of them on solvency, 98% on liquidity, 24% on profitability and 99% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
29 days late
2023
30 days late
2022
31 days late
2021
30 days early
2020
31 days late
2019
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 17 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00467371.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 29 filings
Equity
€2.2m▲ 145%
2024 · €895,963
Total assets
€2.6m▲ 107%
2024 · €1.2m
Net result
€1.3m
2024 · -€58,682
Working capital
€1.5m▲ 89.7%
2024 · €773,587
In the rankings
#3 company by equity in Merchtem, Manufacturing sector#5 company by total assets in Merchtem, Manufacturing sector#7 oldest company in Merchtem, Manufacturing sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€43,197
2025
20182025
Net result
€1.3m
2025
highest quarter of the sector
20182025
Equity
€2.2m
▲ 145%
2025
highest quarter of the sector
20182025
Total assets
€2.6m
▲ 107%
2025
highest quarter of the sector
20182025
Debt
€366,112
▲ 8.2%
2025
20182025
Working capital
€1.5m
▲ 89.7%
2025
highest quarter of the sector
20182025
Solvency
85.7%
▲ 13.1pp
2025
highest quarter of the sector
20182025
Current ratio
5.11
▲ 1.54
2025
highest quarter of the sector
20182025
Return on assets (ROA)
50.7%
▲ 55.5pp
2025
highest quarter of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.04m-€0.1m€0.1m▲ 15.8%€0.09m▼ 39.1%€0.4m▲ 410%€0.2m▼ 53.3%€0.01m▼ 93.8%-€0.04m
Net result-€0.05m-€0.1m€0.1mwithin the sector's middle half▲ 34.6%€0.06mwithin the sector's middle half▼ 57.4%€0.3mabove the sector's middle half▲ 454%€0.1mwithin the sector's middle half▼ 58.9%-€0.06mbelow the sector's middle half€1.3mabove the sector's middle half
Equity€0.3m-€0.4m▲ 30.3%€0.6mwithin the sector's middle half▲ 31.3%€0.6mwithin the sector's middle half▲ 10.2%€0.8mwithin the sector's middle half▲ 28.7%€1.0mwithin the sector's middle half▲ 16.3%€0.9mwithin the sector's middle half▼ 6.1%€2.2mabove the sector's middle half▲ 145%
Total assets€0.6m-€0.6m▲ 14.7%€0.8mwithin the sector's middle half▲ 16.9%€0.9mwithin the sector's middle half▲ 13.6%€1.9mwithin the sector's middle half▲ 121%€1.3mwithin the sector's middle half▼ 33.3%€1.2mwithin the sector's middle half▼ 2.1%€2.6mabove the sector's middle half▲ 107%
Debt€0.2m-€0.2m▼ 9.0%€0.2m▼ 14.3%€0.2m▲ 25.2%€1.1m▲ 390%€0.3m▼ 71.4%€0.3m▲ 10.5%€0.4m▲ 8.2%
Working capital€0.2m-€0.3m▲ 52.4%€0.4mwithin the sector's middle half▲ 43.6%€0.5mwithin the sector's middle half▲ 17.2%€0.7mwithin the sector's middle half▲ 30.3%€0.8mwithin the sector's middle half▲ 22.8%€0.8mwithin the sector's middle half▼ 4.4%€1.5mabove the sector's middle half▲ 89.7%
Solvency60.2%-68.4%▲ 8.2pp76.9%above the sector's middle half▲ 8.4pp74.5%above the sector's middle half▼ 2.4pp43.4%within the sector's middle half▼ 31.1pp75.7%above the sector's middle half▲ 32.3pp72.6%above the sector's middle half▼ 3.1pp85.7%above the sector's middle half▲ 13.1pp
Current ratio2.05-2.66▲ 0.603.83above the sector's middle half▲ 1.184.01above the sector's middle half▲ 0.181.63within the sector's middle half▼ 2.393.86above the sector's middle half▲ 2.243.57above the sector's middle half▼ 0.295.11above the sector's middle half▲ 1.54
Return on assets (ROA)-8.2%-15.9%▲ 24.2pp18.3%above the sector's middle half▲ 2.4pp6.9%within the sector's middle half▼ 11.5pp17.2%above the sector's middle half▲ 10.4pp10.6%within the sector's middle half▼ 6.6pp-4.8%below the sector's middle half▼ 15.4pp50.7%above the sector's middle half▲ 55.5pp
Staff (FTE)4.9-6▲ 22.4%5.3within the sector's middle half▼ 11.7%6within the sector's middle half▲ 13.2%5.9within the sector's middle half▼ 1.7%5within the sector's middle half▼ 15.3%4.6within the sector's middle half▼ 8.0%
above
within
below
The sector band is the middle half of the companies in Manufacture of fabricated metal products, except machinery and equipment (NACE 25). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €43,197, after a profit of €12,579 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Staff figure correction
- 2023 The accounts state 324,211 FTE. That amounts to under EUR 100 of staff costs per FTE. The figure shown is 5 FTE (source: social balance report).
- 2022 The accounts state 377,124.3 FTE. That amounts to under EUR 100 of staff costs per FTE. The figure shown is 5.9 FTE (source: social balance report).
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.6m
Fixed assets
€736,270 ▲ 361%
Current assets
€1.8m ▲ 69.8%
Equity and liabilities €2.6m
Equity
€2.2m ▲ 145%
Debt
€366,112 ▲ 8.2%
Debt's share of the balance-sheet total falls from 27.4% to 14.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
-€35,866▼
2024 · €21,450
Cash flow
€1.3m▲
2024 · -€49,811
Debt to equity
0.17▼
2024 · 0.38
ROE
59.2%▲
2024 · -6.5%
Interest coverage
-24.01▼
2024 · 6.95
Debt ≤ 1 year
€356,928▲
2024 · €300,864
Debt > 1 year
€9,184▼
2024 · €9,194
Income taxes
€136,664▲
2024 · €68,173
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 6 | 6 | 4 | 6 |
| full-time | 6 | 6 | 4 | 6 |
| in full-time equivalents | 6 | 6 | 4 | 6 |
| Average over the year, in full-time equivalents | 5.8 | 5.9 | 5 | 4.6 |
| On a permanent contract | 6 | 6 | 4 | 6 |
| Joined | 1 | 2 | 0 | 2 |
| Left | 1 | 3 | 2 | 0 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €21,981 | €7,166 | €1,174 | - | €583,824 |
| Financial fixed assets | €7,500 | - | - | - | - |
| Depreciation and write-downs of the year | €16,429 | €12,286 | €9,745 | €8,871 | €7,331 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.01m | - | - | - | €248 | - |
| Remuneration, social security and pensions62 | - | - | - | €0.3m | €0.4m | €0.3m | €0.3m | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.01m | €0.02m | €0.01m | €0.01m | €0.009m | €0.007m | ▼ 17.4% |
| Other operating charges640/8 | - | - | - | €0.02m | €0.008m | €0.009m | €0.009m | €0.009m | ▼ 4.2% |
| Non-recurring operating charges66A | - | - | - | €0.001m | €0.002m | €0.001m | €0.002m | €0.001m | ▼ 55.4% |
| Gross operating margin9900 | €0.3m | €0.5m | €0.5m | €0.4m | €0.8m | €0.5m | €0.4m | -€0.03m | - |
| Operating profit (loss)9901 | -€0.04m | €0.1m | €0.1m | €0.09m | €0.4m | €0.2m | €0.01m | -€0.04m | - |
| Financial income75/76B | - | - | - | - | - | - | - | €1.5m | - |
| Recurring financial income75 | - | - | - | - | - | - | - | €1.5m | - |
| Financial charges65/66B | - | - | - | €0.001m | €0.002m | €0.001m | €0.003m | €0.001m | ▼ 51.6% |
| Recurring financial charges65 | -€0.001m | €0.001m | €0.001m | €0.001m | €0.002m | €0.001m | €0.003m | €0.001m | ▼ 51.6% |
| Profit (loss) for the period before taxes9903 | -€0.04m | €0.1m | €0.1m | €0.08m | €0.4m | €0.2m | €0.009m | €1.4m | ▲ 151× |
| Income taxes67/77 | €0.007m | €0.02m | €0.001m | €0.03m | €0.1m | €0.07m | €0.07m | €0.1m | ▲ 100% |
| Profit (loss) for the period9904 | -€0.05m | €0.1m | €0.1m | €0.06m | €0.3m | €0.1m | -€0.06m | €1.3m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.05m | €0.1m | €0.1m | €0.06m | €0.3m | €0.1m | -€0.06m | €1.3m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.6m | €0.6m | €0.8m | €0.9m | €1.9m | €1.3m | €1.2m | €2.6m | ▲ 107% |
| Fixed assets21/28 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.7m | ▲ 361% |
| Tangible fixed assets22/27 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.7m | ▲ 379% |
| Land and buildings22 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.7m | ▲ 418% |
| Plant, machinery and equipment23 | - | - | - | €0.01m | €0.02m | €0.02m | €0.01m | €0.01m | ▼ 21.2% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.01m | €0.008m | €0.002m | €0.01m | ▲ 440% |
| Financial fixed assets28 | €149 | €149 | €149 | €0.008m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Current assets29/58 | €0.4m | €0.5m | €0.6m | €0.7m | €1.7m | €1.1m | €1.1m | €1.8m | ▲ 69.8% |
| Stocks and contracts in progress3 | €0.04m | €0.08m | €0.1m | €0.2m | - | - | - | - | - |
| Stocks30/36 | - | - | - | €0.2m | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.2m | €0.3m | €0.3m | €0.4m | €1.6m | €0.8m | €0.8m | €0.3m | ▼ 66.3% |
| Trade receivables40 | - | - | - | €0.4m | €1.6m | €0.8m | €0.8m | €0.3m | ▼ 66.2% |
| Other amounts receivable41 | - | - | - | - | - | €0.01m | €0.02m | €0.006m | ▼ 70.1% |
| Cash at bank and in hand54/58 | €0.1m | €0.1m | €0.2m | €0.1m | €0.2m | €0.3m | €0.2m | €1.5m | ▲ 579% |
| Deferred charges and accrued income490/1 | - | - | - | €0.006m | €0.002m | €0.001m | - | €355 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.6m | €0.6m | €0.8m | €0.9m | €1.9m | €1.3m | €1.2m | €2.6m | ▲ 107% |
| Equity10/15 | €0.3m | €0.4m | €0.6m | €0.6m | €0.8m | €1.0m | €0.9m | €2.2m | ▲ 145% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.05m | €0.2m | €0.2m | €0.5m | €0.6m | €0.6m | €1.9m | ▲ 210% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | - | - |
| Distributable reserves133 | - | - | - | €0.2m | €0.5m | €0.6m | €0.6m | €1.9m | ▲ 211% |
| Profit (loss) carried forward14 | €0.3m | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 0.3% |
| Amounts payable17/49 | €0.2m | €0.2m | €0.2m | €0.2m | €1.1m | €0.3m | €0.3m | €0.4m | ▲ 8.2% |
| Amounts payable after more than one year17 | €0.04m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.009m | €0.009m | ▼ 0.1% |
| Financial debts170/4 | - | - | - | €0.01m | €0.007m | €0.008m | €0.009m | €0.009m | ▼ 0.1% |
| Other amounts payable178/9 | - | - | - | €0.008m | €0.008m | €0.008m | - | - | - |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.2m | €0.2m | €1.1m | €0.3m | €0.3m | €0.4m | ▲ 18.6% |
| Trade debts44 | €0.1m | €0.1m | €0.1m | €0.1m | €0.8m | €0.3m | €0.3m | €0.3m | ▼ 8.5% |
| Suppliers440/4 | - | - | - | €0.1m | €0.8m | €0.3m | €0.3m | €0.3m | ▼ 8.5% |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.08m | €0.01m | €0.01m | €0.09m | ▲ 519% |
| Taxes450/3 | - | - | - | €0.01m | €0.06m | - | - | €0.09m | - |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.02m | €0.01m | €0.01m | - | - |
| Other amounts payable47/48 | - | - | - | €0.02m | €0.2m | €0.02m | €0.004m | €0.008m | ▲ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €0.03m | - | €0.008m | €0.03m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.05m | €0.1m | €0.1m | €0.06m | €0.3m | €0.1m | -€0.06m | €1.3m | - |
| + Depreciation and write-downs630 | €0.02m | €0.02m | €0.01m | €0.02m | €0.01m | €0.01m | €0.009m | €0.007m | ▼ 17.4% |
| Operating cash flow (approximation) | -€0.03m | €0.1m | €0.2m | €0.08m | €0.3m | €0.1m | -€0.05m | €1.3m | - |
| Investment in fixed assets (approximation) | - | -€0.002m | -€0.02m | -€0.03m | -€0.007m | -€0.001m | €0 | -€0.6m | - |
| Change in cash | - | -€0.01m | €0.05m | -€0.03m | €0.01m | €0.1m | -€0.07m | €1.3m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 20,136 companies had the same profile as WILLEMS CONSTRUCT has now. Two years later, 95.0% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.0%
was still going
4.7%
stopped otherwise
0.2%
went bankrupt
That fits the bankruptcy probability of WILLEMS CONSTRUCT itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,136 companies, not a prediction for WILLEMS CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00467371 | |
| 31-12-2024 | abbreviated format | 29-08-2025 | 2025-00437077 | |
| 31-12-2023 | abbreviated format | 30-08-2024 | 2024-00403238 | |
| 31-12-2022 | abbreviated format | 31-08-2023 | 2023-00412437 | |
| 31-12-2021 | abbreviated format | 01-07-2022 | 2022-20126716 | |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-60300280 | |
| 31-12-2019 | abbreviated format | 29-07-2020 | 2020-35700291 | |
| 31-12-2018 | abbreviated format | 29-08-2019 | 2019-56900406 | |
| 31-12-2017 | abbreviated format | 30-08-2018 | 2018-54500419 | |
| 31-12-2016 | abbreviated format | 30-09-2017 | 2017-65700082 |
Board & ownership
Directors
Directors
1 director, no change since 2023
Ronny Willems
Current
Director (not named in the articles) · in office according to the act of 05-06-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 31-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“De besluiten van het collegiaal bestuursorgaan kunnen bij eenparig schriftelijk akkoord van alle bestuurders worden genomen. §2. Externe…”
deed of 05-06-2023Owners and capital
Capital transactions
Capital over time
- 05-06-2023 Converted to unavailable equity · €18,592.01
Mandate history
2 people, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Ronny Willems |
|
| Jan Willems |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft overdrager en helft koper(s),naar evenredigheid bij meerdere kopers, elke overdracht onder…”
Articles of association, deed of 05-06-2023 (in Dutch)
Network & group
Board mandates elsewhere
1 board mandateBoard mandates of WILLEMS CONSTRUCTWILLEMS CONSTRUCT sits on their board1
1 location
Companies at the same address
2 other companiesConnections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
31-08
abbreviated format · 31 days late
2025
31-12
Financial
Back to profitnet €1.3m
The net result is €1.3m, after one loss-making year.
31-12
Financial
Equity above €2mequity €2.2m ▲145%
Equity rises from €895,963 to €2.2m.
29-08
abbreviated format · 29 days late
2024
31-12
Financial
Weakest financial yearnet -€58,682
The net result drops to -€58,682, the lowest from 2018 to 2025. It recovers the following year.
30-08
abbreviated format · 30 days late
2023
31-12
Financial
Liquidity more than doubledcurrent ratio 3.86
The current ratio rises from 1.63 to 3.86. Short-term debt falls from €1.1m to €282,776.
31-08
abbreviated format · 31 days late
05-06
Gazette deed
Registered office moved from Wemmel to MerchtemNew seat: 1785 Merchtem, Koeweidestraat 56 · Previous seat: 1780 Wemmel, Vijverslaan 35 · Reappointment: Ronny Willems (director)13 points ▸
Gazette deed
Registered office moved from Wemmel to Merchtem
New seat: 1785 Merchtem, Koeweidestraat 56 · Previous seat: 1780 Wemmel, Vijverslaan 35 · Reappointment: Ronny Willems (director)13 points ▸
- General meeting, 11-05-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutaire onbeschikbare eigen vermogensrekeningen” (deed in Dutch)
- Reserve release, “beschikbare eigen vermogensrekeningen” (deed in Dutch)
- Other provision, “toelichting over artikelen 5:141 en volgende WVV, toelichting verkregen en ingelicht” (deed in Dutch)
- Power of attorney, mentioned 2 times in the deed
- Capital
- Director reappointment, Ronny Willems (director (not named in the articles))
- Director resignation, Jan Willems (director (not named in the articles))
- Director discharge, Jan Willems
- Registered-office move, 1785 Merchtem,Koeweidestraat 56
- Power of attorney, Robbe Tack, mentioned 2 times in the deed
- The act holds 1 more point.
2022
01-07
abbreviated format · 30 days before the deadline
2021
31-08
abbreviated format · 31 days late
2020
31-12
Financial
Equity above €500,000equity €579,070 ▲31.3%
After 2 profitable years in a row, equity reaches €579,070.
Show earlier events
29-07
abbreviated format · 2 days before the deadline
2019
31-12
Financial
Back to profitnet €102,614
The net result is €102,614, after one loss-making year.
29-08
abbreviated format · 29 days late
2018
30-08
abbreviated format · 30 days late
2017
30-09
abbreviated format · 61 days late
1996
09-07
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
On 11 June 1996, WILLEMS CONSTRUCT was incorporated.1 In 2023 the registered office moved to Merchtem.2 Ronny Willems is director of the company according to the act of 05-06-2023.2 Total assets went from €561,619 in 2018 to €2.6m in 2025 and headcount from 4.9 full-time equivalents in 2018 to 4.6 in 2024.3
Company details
Register details
Identity
KBO recordName
WILLEMS CONSTRUCT in Dutch
Enterprise number
0458.216.914
Legal form
Private limited company
Status
Active, normale toestand
Founded
11-06-1996
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 05-06-2023 (in Dutch)Name clauseThe company operates under this name according to its articles.
WILLEMS Construct
deed of 05-06-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, bij enkel besluit van bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…”
deed of 05-06-2023 (in Dutch)Registered office and establishments
Registered office
Koeweidestraat 56, 1785 Merchtem, Belgium
1 former office
- 1780 Wemmel until the act of 05-06-2023
Establishment unit
WILLEMS CONSTRUCT, Koeweidestraat 56, 1785 Merchtem since 30-06-1997 · unit number 2.082.400.7502511001 Manufacture of metal structures and parts of structures
Activities
NACEBEL 202525110
Manufacture of metal structures and parts of structures main activity
68203
Renting and operating of own or leased non-residential real estate, excluding land
68204
Real estate activities
Codes under NACEBEL 2008
25110
Manufacture of metal structures and parts of structures main activity
Codes under NACEBEL 2003
28110
main activity
Joint committees
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid
111 Paritair Comité voor de metaal-, machine- en elektrische bouw annual accounts 2024
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 05-06-2023 (in Dutch)
“Het uitvoeren van alle financiële en onroerende verhandelingen.Binnen dit kader mag zij alle onroerende goederen,bebouwd of…”
2 activities
- Het uitvoeren van alle financiële en onroerende verhandelingen.Binnen dit kader mag zij alle onroerende goederen,bebouwd of onbebouwd,kopen,verkopen,huren,verhuren,beheren,bebouwen,afbreken,verbouwen,verbeteren en verkavelen;Zij mag tevens alle handelingen uitvoeren betreffende financieringen,investeringen en het beheer van goederen behartigen.
- De fabricatie en de plaatsing van alle metaalconstructies en bijhorigheden in de meest ruime zin.
Invoicing and payment
VAT number
BE 0458.216.914
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Wednesday of May at 17:00
deed of 05-06-2023 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
2,936 m²
Building footprint
1,314 m²
Building volume
6,395 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23602I0172/00T005 | Flanders | 2,935 m² | 1 · 1,314 m² | 6.2 m · 2 |